Legal structure and ownership - UK

Legal structure
Grant Thornton UK LLP is a single national limited liability partnership (LLP) registered in England and Wales. All professional activities are conducted through the LLP, while certain support and infrastructure activities are carried out through the LLP’s wholly owned subsidiaries.

Ownership
Grant Thornton UK LLP is owned 100% by its members.

Regulatory body affiliation
A number of the firm's activities are regulated by a variety of independent bodies.

• The firm's audit practice is regulated by the Institute of Chartered Accountants in England and Wales (ICAEW) 
• Each partner and director in the reorganisation and recovery team is licensed by one of the Recognised Professional Bodies (RPBs) (which include the ICAEW, ICAS, ICAI, DTI, ACCA, IPA) 
• The firm's financial planning and certain corporate finance lead advisory work, are regulated by the Financial Services Authority (FSA).

In addition the firm is subject to practice reviews by the ICAEW quality assurance directorate of those activities not otherwise regulated.



Grant Thornton UK LLP is a member firm within Grant Thornton International Ltd